Nasdaq back near 5,000. Tech rebound? Not exactly

A milestone for U.S. stocks

The Nasdaq, home to Apple, Google, Facebook and many other leading tech stocks, is within spitting distance of topping the 5,000 mark for the first time this year.

It was hovering around 4,975 Wednesday afternoon. The Nasdaq has surged nearly 20% since hitting a 52-week low right around 4,200 back in February.

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